Honeywell International Inc. (NYSE:HON) Position Lowered by Regent Peak Wealth Advisors LLC


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Regent Peak Wealth Advisors LLC decreased its stake in shares of Honeywell International Inc. (NYSE:HON) by 0.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,733 shares of the conglomerate’s stock after selling 93 shares during the period. Regent Peak Wealth Advisors LLC’s holdings in Honeywell International were worth $2,112,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. James Hambro & Partners raised its stake in Honeywell International by 114.4% during the fourth quarter. James Hambro & Partners now owns 4,750 shares of the conglomerate’s stock worth $1,010,000 after acquiring an additional 2,535 shares during the period. First American Bank increased its stake in shares of Honeywell International by 14.1% in the first quarter. First American Bank now owns 52,213 shares of the conglomerate’s stock valued at $11,334,000 after purchasing an additional 6,441 shares during the period. Whittier Trust Co. increased its stake in shares of Honeywell International by 2.9% in the fourth quarter. Whittier Trust Co. now owns 231,624 shares of the conglomerate’s stock valued at $49,267,000 after purchasing an additional 6,559 shares during the period. GYL Financial Synergies LLC increased its stake in shares of Honeywell International by 7.0% in the fourth quarter. GYL Financial Synergies LLC now owns 2,207 shares of the conglomerate’s stock valued at $469,000 after purchasing an additional 144 shares during the period. Finally, Venture Visionary Partners LLC increased its stake in shares of Honeywell International by 44.3% in the first quarter. Venture Visionary Partners LLC now owns 20,585 shares of the conglomerate’s stock valued at $4,468,000 after purchasing an additional 6,322 shares during the period. Hedge funds and other institutional investors own 75.97% of the company’s stock.

In other Honeywell International news, VP Anne T. Madden sold 8,885 shares of the stock in a transaction that occurred on Thursday, April 29th. The shares were sold at an average price of $223.22, for a total value of $1,983,309.70. Following the completion of the sale, the vice president now owns 50,658 shares in the company, valued at approximately $11,307,878.76. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.64% of the stock is owned by corporate insiders.

Honeywell International stock traded down $0.62 during midday trading on Tuesday, reaching $222.58. The stock had a trading volume of 36,807 shares, compared to its average volume of 2,788,387. The firm’s fifty day simple moving average is $221.11 and its two-hundred day simple moving average is $206.17. Honeywell International Inc. has a twelve month low of $117.11 and a twelve month high of $232.35. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.64 and a quick ratio of 1.37. The firm has a market cap of $154.59 billion, a price-to-earnings ratio of 32.02, a PEG ratio of 3.41 and a beta of 1.13.

Honeywell International (NYSE:HON) last posted its quarterly earnings data on Thursday, April 22nd. The conglomerate reported $1.92 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.12. Honeywell International had a net margin of 14.99% and a return on equity of 27.69%. The firm had revenue of $8.45 billion during the quarter, compared to analyst estimates of $8.07 billion. During the same quarter last year, the business posted $2.21 EPS. The company’s revenue was down .1% on a year-over-year basis. As a group, sell-side analysts predict that Honeywell International Inc. will post 7.03 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, June 4th. Shareholders of record on Friday, May 14th will be given a $0.93 dividend. The ex-dividend date is Thursday, May 13th. This represents a $3.72 dividend on an annualized basis and a yield of 1.67%. Honeywell International’s payout ratio is 45.59%.

Several equities research analysts have commented on HON shares. Barclays raised their price target on shares of Honeywell International from $230.00 to $245.00 and gave the company an “overweight” rating in a research note on Monday. JPMorgan Chase & Co. increased their price objective on shares of Honeywell International from $200.00 to $250.00 and gave the company an “overweight” rating in a report on Thursday, April 15th. Morgan Stanley increased their price objective on shares of Honeywell International from $230.00 to $246.00 and gave the company an “equal weight” rating in a report on Monday. Argus increased their price objective on shares of Honeywell International from $195.00 to $225.00 and gave the company a “buy” rating in a report on Monday, February 1st. Finally, Royal Bank of Canada increased their price objective on shares of Honeywell International from $194.00 to $199.00 and gave the company a “sector perform” rating in a report on Monday, February 1st. Six research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $221.00.

Honeywell International Profile

Honeywell International Inc operates as a diversified technology and manufacturing company worldwide. Its Aerospace segment offers auxiliary power units, propulsion engines, integrated avionics, environmental control and electric power systems, engine controls, flight safety, communications, navigation hardware, data and software applications, radar and surveillance systems, aircraft lighting, advanced systems and instruments, satellite and space components, and aircraft wheels and brakes; spare parts; repair, overhaul, and maintenance services; thermal systems; and connected solutions and data services for aftermarket, as well as wireless connectivity, and management and technical services.

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Institutional Ownership by Quarter for Honeywell International (NYSE:HON)

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